Former finance secretary Vijay Kelkar on Friday advocated a single rate for the Goods and Services Tax (GST) as that would it simpler to administer. The GST Council has already decided on the four-rate structure for the indirect tax regime besides a cess. Giving an example he said it was better to first build a... Read More
Former RBI Governor Bimal Jalan today said demonetisation in-principle was a good move to eliminate black money but in terms of consequences it did not work. Noting that there is a structural issue in policy making he said policy is made by politicians and executed by the administrative system and policy making should be flexible... Read More
ICT adoption by firms in all regions could enhance effectiveness of programmes such as Digital India The National Council of Applied Economic Research (NCAER) together with the Department of Electronics and Information Technology has assessed the e-readiness of states and Union Territories of India six times since 2003. This body of work defines e-readiness as... Read More
Two months since India's two biggest banknotes were invalidated overnight to fight graft things are slowly returning to normal but at a cost to one of Asia's fastestgrowing economies. In a central Delhi market two men in their 50s are fiddling with smartphones. Sudhir Sabharwal is buying a stapler from stallholder Rakesh Yadav but no... Read More
Much of China’s economic success is due to the rapid growth in its exports. The share of China’s GDP in world GDP quintupled – from 3.62 per cent in 2000 to 14.80 per cent in 2015 – even as India’s share rose from just 1.43 per cent to 2.82 per cent during the same period.... Read More
Material change matters but perception too determines a feeling of deprivation. Prosperity good governance and a focus on fairness rather than electoral pandering often elicit greater political support Public discontent is like a chameleon. When we see it we know it must have been hiding in plain sight for a while; but until we spot... Read More
Economic thinktank NCAER has pegged India's GDP growth at 7.6 per cent for the current fiscal on back of pickup in rural demand and "positive signals" on the manufacturing front. India's economy had expanded at 7.6 per cent in 201516. On one hand it said the anticipated improvement in the agricultural sector and the associated increase... Read More
NEW DELHI: Economic thinktank NCAER has pegged India's GDP growth at 7.6 per cent for the current fiscal on back of pickup in rural demand and "positive signals" on the manufacturing front. India's economy had expanded at 7.6 per cent in 201516. On one hand it said the anticipated improvement in the agricultural sector and... Read More
“NCAER forecasts 2016-17 GDP growth at 7.6 percent” NCAER’s 2016-17 Mid-Year Review of the Indian Economy The National Council of Applied Economic Research released its 2016-17 Mid-Year Review of the Indian Economy (MYR). The MYR presents the most comprehensive independent assessment of the Indian economy as the Indian Government and its Ministry of Finance begin... Read More
A new study brings in first conclusive evidence of the role played by Janani Suraksha Yojana (JSY) in reducing ‘socioeconomic disparities’ existing in maternal care. The JSY was launched in 2005 as part of the National Rural Health Mission (NRHM) to improve maternal and neonatal health by promotion of institutional deliveries (childbirth in hospitals). According to a... Read More